Naturo Indiabull Limited IPO Detail
Incorporated in 2016, Naturo Indiabull is in the business of the Fast-Moving Consumer Goods industry. The brand purchases a variety of products from manufacturers and sells them in its own brand directly to wholesellers and through agents.
It carries on the business of garments, textiles, jewellery, FMCG, Real Estate, Stone-Mines, Herbal Products, Automobile, Printing, Share Trading, providing education, Agriculture Seeds and Fertilizers, Hospitality, and Food items. It also trades in various health products and kits including sanitary towels, sanitary napkins, hand sanitiser, and other health kits. Currently, it is diversifying its product portfolio to health and herbal products i.e., soaps, shampoos, medicines, juices, tablets, etc.
Competitive strengths
- A broad range of products helps to cater to a diversified customer base.
- Long-term relationship with customers.
- Qualified and experienced management.
- Strong relationship with suppliers.
Company Promoters
Ms. Jyoti Choudhary and Mr. Gaurav Jain are the company promoters.IPO Details
| IPO Opening Date | Aug 22, 2022 |
| IPO Closing Date | Aug 24, 2022 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹30 per equity share |
| Market Lot | 4000 Shares |
| Min Order Quantity | 4000 Shares |
| Listing At | BSE SME |
| Issue Size | ₹10.92 Cr |
| Fresh Issue | 3,640,000 shares of ₹10 (aggregating up to ₹10.92 Cr) |
| Offer for Sale | - |
| Retail Portion | 50% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | - | - | 1.64x | 1.39x | 0x | |
| Day 2 | - | - | 1.64x | 1.39x | 0x | |
| Day 3 | - | - | 0.00x | 0.00x | 7.40x | |
| Day 4 | - | - | 0.00x | 0.00x | 7.40x |
IPO Tentative Timetable
The Naturo Indiabull Limited IPO open date is Aug 22, 2022, and the close date is Aug 24, 2022. The issue may list on Sep 02, 2022.
| IPO Open Date | Aug 22, 2022 |
| IPO Close Date | Aug 24, 2022 |
| Basis of Allotment Date | Aug 29, 2022 |
| Initiation of Refunds | Aug 30, 2022 |
| Credit of Shares to Demat Account | Sep 01, 2022 |
| IPO Listing Date | Sep 02, 2022 |
IPO Lot Size
The Naturo Indiabull Limited IPO market lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹120000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 4000 | ₹120000 |
| Maximum | 1 | 4000 | ₹120000 |
IPO Promoter Holding
| Pre Issue Share Holding | 42.17% |
| Post Issue Share Holding | 27.12% |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 951.17 | 802.76 | 78.8 |
| 31-Mar-21 | 1312.04 | 700.72 | 74.57 |
| 31-Mar-22 | 1343.94 | 1144.63 | 109.22 |
Objects of the Issue:
The company aims to raise funds for the following purposes;/p>
- To meet the working capital requirements.
- General corporate purposes.
- To meet the issue expenses.
Naturo Indiabull Limited IPO Registrar:
Link Intime India Private Ltd
Naturo Indiabull Limited IPO Lead Manager(s):
Finshore Management Services Limited (Past IPO Performance)
Company Contact Information:
Naturo Indiabull Limited
1st Floor, 51, Lohiya Colony, 2 200 Ft. Bye-Pass, Vaishali Nagar,
Jaipur
Rajasthan
